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HSBC cuts fixes by up to 0.30%


HSBC is cutting its fixed rates by up to 0.30 per cent on its two-, three- and five-year deals.

Most of the lender’s two-year rates have been cut by 0.10 per cent, while most of its three-year loans are down 0.30 per cent.

All of its five-year fixes are down 0.20 per cent.

The lender is now selling a two-year fixed loan at 1.44 per cent and 85 per cent LTV with a £999 fee.

HSBC is also offering a five-year fixed deal at 1.79 per cent at 60 per cent LTV with a £999 fee.

HSBC head of UK mortgages Tracie Pearce says: “We are committed to offering good value to customers with large or smaller deposits, and when we can improve our rates and make buying a property or remortgaging cheaper we do.

“Fixing a mortgage can give homeowners important certainty and peace of mind, and with the reductions across the two-, three- and five-year product ranges their home-buying journey has just got a fair bit cheaper and more affordable.”‎



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